Category: Corporations

Trump Administration Tells Congress to Kill ‘Revenge Tax’ From Policy Bill

Treasury Secretary Scott Bessent said the Group of 7 agreed that penalties related to a 2021 “global minimum tax” deal will not apply to American companies.
Walmart Tries to Shed a Stodgy Vibe to Battle Digital-Native Rivals

The retailing giant is spending billions to attract workers to a new headquarters and woo shoppers with drone delivery and a broader range of items (like Louis Vuitton handbags).
Europe’s Growing Fear: How Trump Might Use U.S. Tech Dominance Against It

To comply with a Trump executive order, Microsoft recently suspended the email account of an International Criminal Court prosecutor in the Netherlands who was investigating Israel for war crimes.
Disney and Universal Sue A.I. Firm Midjourney for Copyright Infringement

The suit, against Midjourney, is the first time major Hollywood companies have sued over A.I.-generated images.
Republican Bill Could Set Off Global Tax Fight

Retaliatory taxes on foreign companies operating in the U.S. could open the door for a broader economic conflict.
Robert A.G. Monks, Crusader Against ‘Imperial’ C.E.O.s, Dies at 91

A descendant of American wealth, he used his success in business to push for social responsibility in corporate leadership and encouraged shareholders to push back.
Highlights of Warren Buffett’s Life

Mr. Buffett, 94, was crowned the “Oracle of Omaha” because of smart investments he made as the chief executive of Berkshire Hathaway. He also made some mistakes.
Microsoft Drops Simpson Thacher & Bartlett Law Firm

The tech giant instead engaged a firm that is fighting the president’s executive orders, Jenner & Block, in a sign that those firms can still attract clients.
Howard Lutnick, Trump’s ‘Buoyant’ Trade Warrior, Flexes His Power Over Global Business

Howard Lutnick, the secretary of commerce, has become a go-to for major companies seeking relief from tariffs. But he’s not always friendly to their interests.
Google Is a Monopolist in Online Advertising Tech, Judge Says

The ruling was the second time in a year that a federal court had found that Google had acted illegally to maintain its dominance.
Mark Zuckerberg Is Back in the Hot Seat in a Crucial Trial

Mark Zuckerberg has appeared before Congress more times than any other tech leader. He will testify again soon — as a witness in a federal antitrust trial. Cecilia Kang, a technology reporter for The New York Times, recalls some of Zuckerberg’s past congressional hearings and explains why the stakes are even higher this time.
Delta Warns Trump’s Trade War Could Lead to a Recession

Delta is one of the largest U.S. companies to warn that the escalating trade war is weighing on its business and the global economy.